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The Moncton Corporation has annual sales of $31 million. The average collection period is 27 days. What is the average investment in accounts recelvable as

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The Moncton Corporation has annual sales of $31 million. The average collection period is 27 days. What is the average investment in accounts recelvable as shown on the balance sheet? Assume 365 days per year. (Enter the onswer in dollors. Do not round intermediate calculations. Round the final answer to nearest whole dollar amount. Omit "\$" sign in your response.) Average recelvables

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